JSC VTB Bank (Georgia) Sustainability Profile
JSC VTB Bank (Georgia), a prominent player in the Georgian banking sector, is headquartered in Tbilisi, Georgia. Established in 2006, the bank has rapidly evolved, offering a comprehensive range of financial services tailored to meet the needs of both individual and corporate clients. VTB Bank (Georgia) operates primarily in retail banking, corporate banking, and investment services, distinguishing itself through innovative products and customer-centric solutions. With a strong focus on digital banking, VTB Bank (Georgia) has successfully integrated advanced technology into its services, enhancing customer experience and operational efficiency. The bank has achieved significant milestones, including recognition for its robust financial performance and commitment to sustainable development. As a subsidiary of the VTB Group, it holds a solid market position, contributing to the growth of the Georgian economy while maintaining a reputation for reliability and excellence in service delivery.
DitchCarbon Score
How does JSC VTB Bank (Georgia)'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
JSC VTB Bank (Georgia)'s score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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JSC VTB Bank (Georgia)'s reported carbon emissions
JSC VTB Bank (Georgia) currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of VTB Bank (public joint-stock company), which may influence its climate commitments and reporting practices. As of now, JSC VTB Bank (Georgia) has not established any documented reduction targets or initiatives related to carbon emissions. This lack of specific targets suggests that the bank may be in the early stages of developing its climate strategy or may rely on broader corporate initiatives from its parent company. The emissions data and climate commitments of JSC VTB Bank (Georgia) are likely influenced by the policies and practices of VTB Bank (public joint-stock company), from which it inherits its climate-related frameworks. However, without specific data or targets, it is challenging to assess the bank's current impact or future commitments regarding carbon emissions. In summary, JSC VTB Bank (Georgia) is currently without specific emissions data or reduction targets, and its climate commitments may be shaped by its relationship with VTB Bank (public joint-stock company).
How Carbon Intensive is JSC VTB Bank (Georgia)'s Industry?
How Carbon Intensive is JSC VTB Bank (Georgia)'s Location?
JSC VTB Bank (Georgia)'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
JSC VTB Bank (Georgia) has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
